Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Current management are making a real meal of this... interesting that the founding CEO is also doing a runner... could have been so great... such a long way to claw back from this position and cash pile feels like its going to be frittered away at this rate without much traction being gained. Great hype, but no action when the chips are down... needs a good kick in the backside by someone that knows what they're doing, for now I'm oooout
HAHAHA! IIs getting twitchy bums... clearly haven't got a clue what you're on about... do you honestly believe an institutional investor is going to be in and out of a share in a couple of days... how are they going to sell that to the stakeholders their investing for?!
This board has descended into a running commentary on the price... buy buy buy, its going up, shout the rampers... next minute, sell sell sell, i told you so, shout the derampers.... anyone have any insightful commentary to offer other than "I consulted my crystal ball, here is my opinion that I'm not willing to substantiate"?
My two cents... most RIs have their shares available now and a great deal of them will be banking profits this AM given that only a proportion could on Friday... I don't blame them... I took my initial investment back on Friday and now letting the profits run... this is an embryonic sector in the UK and you only have to look to the US and Canada to see where its going eventually... if you can't see that and just want to make a quick buck, great, but that doesn't mean these doesn't have long term legs.
Raised a complaint with Barclays and suggest you do the same... they are an XO broker and offer access to the London market, no where in their literature does it say they restrict access on ethical grounds... so you should be able to seek compensation... strange choice to allow dealing in BAT, O&G shares etc. but not medicinal cannabis on ethical grounds... they'll come unstuck on this... thankfully there are plenty of more reasonable xo brokers out there that don't try to preach a conflicted moral position to their clients.
If you have time ring them and log a complaint... nothing in their T&Cs suggests they restrict certain types of stock. There was also no notification that certain stocks would be restricted and it wouldn't have been clear that this was the case when signing up (assuming you signed up before the FCA made the decision to allow cannabis cos to list in London)... I noted the price at the time I called them so when they eventually have to make it available they can compensate me for gains missed as a result of their ridiculous policy.
I called Barclays about this today as use them for my SIPP, they said no cannabis related stocks... corporate decision... raised a complaint, planning to take it all the way to the FOS... XO broker has no reason to restrict access to London shares... thankfully have an HL account too.
Don't hold your breath, tried to buy there in my SIPP today... was told that Barclays aren't allowing dealing in cannabis related stocks... raised a complaint with them as they're an execution only broker and nowhere in the T&Cs does it say you can't trade cannabis stocks... going to take it to the FOS... buy through Hargreaves instead... thankfully have my ISA with them